sahamdanlatte

sahamdanlatte Updated 

Price has tested resistance formed since September 2023 with some low volume selling on 9.1.2024. Long & short term moving averages have aligned. MACD shows bullish momentum. Between Oct to Nov 2023, prices have tested support with low volume as well as two shakeouts. Wyckoff accumulation pattern also appears to near its end with possible SOS. If price manage...

sahamdanlatte Updated 

USD MYR showing raising wedge pattern. Hopefully we can get a recovery of the Malaysian Ringgit in the second half of the year with a break below 4.65.

sahamdanlatte

May it be a prosperous season after this if you see what I see. - Inverted head & shoulders - (Hopefully) completion of a long accumulation phase into a mark up phase according to Wyckoff schematics. However, major risks remains the middle eastern conflict and Trump, especially if he starts Trade Wars 2.0.

sahamdanlatte

I am a childhood fan of the club since the days of Eric Cantona & David Beckham. But the decade after Sir Alex has been tough being the fan of this club despite big name coaches & players joining. Wouldn't have touched this stock back in October 2023 but it slowly made a recovery in December 2023, so decided to collect some given the rumours of the takeover by...

sahamdanlatte Updated 

Since the index failed to break the 1900 barrier and formed the double top in 2014 & 2018, it has been down ever since. Though the index managed to recover from sharp drop during the COVID-19 pandemic, it remains below the 200 moving average. Expecting it to retest the downtrend line in the second half of the year. Government looks more stable now but honeymoon...

sahamdanlatte Updated 

Price approaching demand area to close the gap. Looking for rejection at this region ($86-$90). TP1 around $120. If price fails to rebound at these levels, price looks to fall below the next demand area as marked in the chart.

sahamdanlatte Updated 

Phase: Short accumulation complete. Likely early mark up. Favourable risk to reward ratio if we can enter close to RM1.00. The target price was calculated using point & figure chart.

sahamdanlatte Updated 

Price recently pushed higher with volume after a long pullback. Pullback near to MA200 with low volume. Using the point & figure chart, the target price can be in the region of RM1.40. For the time being, price is hovering in the supply area after the strong move up last week. Risk management is key because the nearest support areas are also quite far from...

sahamdanlatte

- Fundamentally good stock. Jump in profits in most recent QR. Discounted cashflow (5%) fair value - 2.59. - Nearing the end of the long term downtrend channel. Price already rejected an ST, possibly a Spring. Now showing signs of strength. - Strong resistance at 1.60 - MA200, at previous support becoming resistance. Trading plan: EP: 1.26-1.28 SL: 1.23...

sahamdanlatte

KLCI: Correction mode - caution. Sector: Steel - ok Fundamentals: ok Price approaching demand levels. Also concurrent lower channel. Insider buying at region of 0.58. Good RRR at around 0.64-0.65.

sahamdanlatte

Cup forming. Large upside. Company buyback shares in January 2022. Collaboration with Astro.

sahamdanlatte

The Fed will increase rates indefinitely this year, which in turn will make USD stronger. This furniture company has majority of its earnings in USD. Fundamental: Good. Technical: Price has moved out of the recent downtrend line. I've mapped out my interpretation of the Wyckoff phases in play. Currently looks to be in accumulation again. The most recent...